The Smart Money's Top 5 Foreign Banking Stocks

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Includes: BBD, BFR, BMA, DB, GGAL
by: Kapitall

The following is a list of foreign banking stocks that have seen the largest increase in institutional ownership over the last three months.

To give perspective on investor sentiment, we'll also include short float and performance data. Full analysis below.

Short float and performance data sourced from Finviz. Institutional data sourced from Reuters.

The list has been sorted by change in institutional ownership over the last three months.

1. Deutsche Bank AG (NYSE:DB): Germany. Market cap of $52.11B. Institutional investors currently own 274,340,971 shares vs. 234,546,511 shares held 3 months ago (+16.97% change). Short float at 0.92%, which implies a short ratio of 5.69 days. The stock has lost -28.55% over the last year.

2. Grupo Financiero Galicia S.A. (NASDAQ:GGAL): Argentina. Market cap of $1.26B. Institutional investors currently own 4,497,452 shares vs. 4,197,452 shares held 3 months ago (+7.15% change). Short float at 1.0%, which implies a short ratio of 0.86 days. The stock has gained 90.94% over the last year.

3. BBVA Banco Frances S.A. (NYSE:BFR): Argentina. Market cap of $1.81B. Institutional investors currently own 4,109,373 shares vs. 4,012,056 shares held 3 months ago (+2.43% change). Short float at 0.23%, which implies a short ratio of 0.44 days. The stock has gained 65.03% over the last year.

4. Banco Bradesco S.A. (NYSE:BBD): Brazil. Market cap of $77.31B. Institutional investors currently own 486,120,200 shares vs. 475,985,685 shares held 3 months ago (+2.13% change). Short float at 1.57%, which implies a short ratio of 4.02 days. The stock has gained 5.14% over the last year.

5. Banco Macro S.A. (NYSE:BMA): Argentina. Market cap of $2.63B. Institutional investors currently own 12,624,201 shares vs. 12,406,749 shares held 3 months ago (+1.75% change). Short float at 0.47%, which implies a short ratio of 1.7 days. The stock has gained 72.54% over the last year.

Disclosure: No positions